**📉 Stock Market Today: Dow, S&P 500 & Nasdaq Slide to End Brutal Week for Tech Stocks 💥📊**

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US stocks turned sharply lower on Friday, with the Nasdaq leading the way lower amid a broader rotation from tech to value names.
#StockMarketToday,#DowJones,#SP500,#Nasdaq

The Nasdaq Composite (^IXIC) fell 1.6%, continuing a tech slump. The S&P 500 (^GSPC) dropped roughly 1%, one day after surging above the 6,900 level for the first time. The Dow Jones Industrial Average (^DJI), which includes fewer tech stocks, slipped 0.5%.


Friday's moves cemented a brutal week for tech stocks in particular, with the Nasdaq down 1.6% and the S&P 500 down 1%. The Dow bucked the weekly trend, rising 1% for the week.

Treasury yields rose, with the 10-year yield (^TNX) stepping higher to top 4.18% and the 30-year yield (^TYX) rising above 4.85%.

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Investors are switching out of tech as fears about AI over-valuations get a reboot, as Broadcom (AVGO) followed Oracle (ORCL) in delivering earnings that left Wall Street wanting more. The chipmaker failed to deliver clarity on an AI payoff, stirring concerns about tighter profit margins instead. Its shares dropped over 10% Friday, despite its quarterly earnings beat.





At the same time, cyclical stocks — those more sensitive to the economy — got a bid following the Federal Reserve's third interest rate cut of the year. The expected easing comes amid rising optimism for US growth, helping drive broader bullishness for stocks. The rate cut also helped drive gold prices (GC=F) to touch a fresh record as> **Best Free Movie Apps & Websites 2025 | Click Here to Watch HD Movies Online 🍿**



 the precious metal is set for its best year since 1979.

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Late Friday, President Trump indicated he considers Kevin Hassett the frontrunner for the next Fed chair after Jerome Powell's term expires in May. Trump said Kevin Warsh is also in contention for the role, which has been closely watched for its influence on monetary policy next year.

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On the corporate front, Lululemon (LULU) shares surged more than 9% after the athletic wear maker said CEO Calvin McDonald will exit at the end of January following a stretch of disappointing sales.


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